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Market Chatter: Apple Working With Broadcom on AI Chip
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Market Chatter: Apple Working With Broadcom on AI Chip
Dec 11, 2024 6:53 AM

09:21 AM EST, 12/11/2024 (MT Newswires) -- Apple ( AAPL ) is working with Broadcom ( AVGO ) as it develops its first server chip specially designed for artificial intelligence, The Information reported Wednesday, citing three people with direct knowledge of the project.

Apple's ( AAPL ) work with Broadcom ( AVGO ) pertains to the chip's networking technology, a crucial aspect of AI processing, one of the people reportedly told The Information.

Apple ( AAPL ) and Broadcom ( AVGO ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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